Form 4: Supernus Pharmaceuticals SVP & CFO Timothy Dec Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Timothy Dec, Senior Vice President & CFO of Supernus Pharmaceuticals, reports the acquisition and disposal of common stock related to performance share unit settlements.

Summary

  • On March 10, 2025, Timothy Dec, the Senior Vice President & CFO of Supernus Pharmaceuticals, engaged in transactions involving the company's common stock.
  • Dec acquired 2,000 shares and 1,800 shares of common stock upon the settlement of Performance Share Units granted on February 23, 2023, and February 22, 2024, respectively.
  • Simultaneously, Dec disposed of 1,062 shares and 955 shares of common stock to satisfy tax withholding requirements related to the vesting of these Performance Share Units, at a price of $32.06 per share.
  • Following these transactions, Dec beneficially owns 12,681 shares of Supernus Pharmaceuticals common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects routine transactions related to executive compensation. The vesting of performance share units is generally a positive sign, but the stock disposal to cover taxes is a standard procedure.

Positives

  • The vesting of performance share units suggests that individual performance objectives were met.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they involve a relatively small number of shares.

Key Dates

DateDescription
February 23, 2023Date Performance Share Units were granted to the Reporting Person
June 12, 2023Date individual performance objectives were established for Performance Share Units granted on February 23, 2023
February 22, 2024Date Performance Share Units were granted to the Reporting Person
June 24, 2024Date individual performance objectives were established for Performance Share Units granted on February 22, 2024
March 10, 2025Date of stock transactions (acquisition and disposal) related to Performance Share Units
March 11, 2025Date of signature on the Form 4 filing

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